Natural gas

Natural Gas

Italian Manufacturers Cut Output to Save Energy, Government Official Says

Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit…

Natural Gas

Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away

As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…

Hydrogen Production

Australian Start-Up’s Hydrogen Find Offers Hope for Coal Plants

Star Scientific's technology uses a catalyst that can turn hydrogen and oxygen into superheated steam capable of driving a power-station turbine

Natural Gas

Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator

Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.

Natural Gas

Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply

Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de…

Natural Gas

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis

Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

Crude Oil

U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study

U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…

Natural Gas

Europe Says ‘No’ to VAT Exemption on German Gas Levy

All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.

CCS

Renewable Energy, Electrification Big Winners in Inflation Reduction Act

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…

LNG

Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project

Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…

Natural Gas

German Energy Market Would Collapse Without Gas Levy - Habeck

Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …

Oil Shale

Oil Output in Permian to Rise to Record High in September -EIA

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bpd) to a record 5.408 million bpd i…

Natural Gas

Germany Hits 75% Gas in Storage Goal Ahead of Schedule

Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…

Natural Gas

Heatwave Sends European Gas Prices Higher

Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.